Conservative hand-outs to wealthy hamper economy

In response to Steve Odom's op-ed, "Don't depend on government" (AC-T, Oct. 26), I feel re-energized to note that as a successful business owner, Bush-era tax cuts have saved me in excess of $500,000 and the recent NC state tax cut will save me an additional 26 percent or $8,000 per year while the middle and lower classes got a whopping 1 to 3 percent tax cut that will be overwhelmed by increases in sales and fees taxes.

Note that tax cuts have no effect on my plans to hire. The only thing that will cause businesses to hire is an increase in consumer demand which is mostly driven by the middle class. From a business standpoint, it is not the tiny "liberal" handouts to hungry, unemployed citizens that spend money quickly that is hurting our economy.

It is the increasingly massive "conservative" handouts to corporations and wealthy individuals who do not need it and so dump it into the stock market rather than spend it. Here's proof: the S&P 500 is at record highs while our teachers have not received a raise in several years and are forced to receive food aid in some cases. Please take a stand against reckless spending on the wealthy.

Brian Smith, Candler

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Conservative hand-outs to wealthy hamper economy

In response to Steve Odom?s op-ed, ?Don?t depend on government? (AC-T, Oct. 26), I feel re-energized to note that as a successful business owner, Bush-era tax cuts have saved me in excess of $500,000